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8:35 AM ET, April 3, 2025

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RELATED:
Wired:
Trump Tariffs Hit Antarctic Islands Inhabited by Zero Humans and Many Penguins  —  The Heard and McDonald Islands are among the dozens of targets of President Donald Trump's latest round of tariffs.  But they have no exports, because no one lives there.  —  On Wednesday, President Donald …
Discussion: The Guardian and Politico
The Economist:
President Trump's mindless tariffs will cause economic havoc  —  But the rest of the world can limit the damage  —  If you failed to spot America being “looted, pillaged, raped and plundered by nations near and far” or it being cruelly denied a “turn to prosper”, then congratulations …
Steven Nelson / New York Post:
Trump slaps at least 10% tariffs on almost all imports in ‘Declaration of Economic Independence’: ‘Half of what they are charging us’  —  WASHINGTON — President Trump declared a national emergency Wednesday to impose his sweeping “Liberation Day” tariffs on almost all imports …
James Fallows / Breaking the News:
Launching the Economic Version of the Iraq War.  —  Tariffs are like military actions.  They're ‘good’ or ‘bad’ based on specifics: Why, how, at what cost, toward what end.  Donald Trump has just committed US power in a profoundly stupid way.  —  ∙ Paid
Ryan Dezember / Wall Street Journal:
Here's How Markets Are Responding to Trump's Tariffs Announcement  —  Financial markets have been volatile as President Trump outlines his trade policies from the Rose Garden.
Ashley Carnahan / Fox News:
Treasury Secretary Bessent tells countries not to retaliate after sweeping ‘Liberation Day’ tariffs  —  Trump announced reciprocal tariffs on more than 180 countries and territories  —  Treasury Secretary Scott Bessent offered a three-word reply on Wednesday to countries looking to respond …
Paul Krugman:
Will Malignant Stupidity Kill the World Economy?  —  A quick thank you to my readers.  When I struck out on my own, I wasn't sure if anyone would follow.  But I just passed 300K subscribers.  I'll try to be worthy of your support.  —  America created the modern world trading system.
Discussion: New York Times, Bloomberg and Vox
Robert Jimison / New York Times:
Senate Votes to Rescind Some Trump Tariffs, With G.O.P. Support  —  A measure to cancel some Canadian tariffs is all but certain to stall in the House.  But with a handful of Republicans in favor, the vote sent a signal of opposition to the levies.  —  The Senate on Wednesday approved …
Andrew Solender / Axios:
House Democrats plan to force vote on killing Trump tariffs
The White House:
Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security
Politico:
Senate Republicans buck Trump, join Dems in rejecting Canada tariffs
New York Times:
Live Updates: Trump Unveils Sweeping Tariffs on All Imports
Rebecca Falconer / Axios:
Uninhabited sub-Antarctic islands named in Trump's tariffs list
Discussion: Daily Mail and The Independent
Bloomberg:   Germany and France Push for a More Aggressive Tariff Response
Jack Blanchard / Politico:   (Trade) war on the world
Heather Cox Richardson / Letters from an American:
April 2, 2025 (Wednesday)  —  Just five months ago, on October 19, 2024, The Economist ran a special report on America's economy.
Discussion: The Atlantic and Associated Press
Wired:   Trump and DOGE Defund Program That Boosted American Manufacturing for Decades
Jack Ewing / New York Times:
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
Discussion: Wall Street Journal
Camille Gijs / Politico:
EU ‘prepared’ to retaliate against Trump's 20 percent tariffs
David E. Sanger / New York Times:   Trump's Tariffs Are Latest Sign of His Second-Term Appetite for Risk
CNBC:
Dow futures tumble 900 points, S&P 500 futures lose 3% on Trump's tariff rollout: Live updates  —  U.S. stock futures cratered as President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy.
RELATED:
NBC News:
Investors flee U.S. stocks as markets react sharply to Trump's tariff plan  —  Initial market indications on early Wednesday evening were that many investors had expected Trump's tariffs to be far less expansive.  —  Global markets reacted sharply and swiftly after President Donald Trump revealed …
Forbes:
Here's The Full List Of Trump's Reciprocal Tariffs Announced Wednesday
Sally Goldenberg / Politico:
Eric Adams ditches Democratic primary, will run for reelection as independent  —  The mayor has been at odds with his party, and wants time to recover from now-dismissed federal charges.  —  NEW YORK — Mayor Eric Adams is opting out of New York City's Democratic primary and running …
RELATED:
New York Times:
Adams Doubles Down on Trump Alliance, Praising F.B.I. Director's Book  —  In the mayor's first comments after a judge ordered corruption charges against him dropped, he urged New Yorkers to read a book by the Trump administration's F.B.I. director.  —  Eric Adams, the Democratic mayor …
Anthony Izaguirre / Associated Press:
NYC Mayor Eric Adams will skip Democratic primary and run for reelection as an independent  —  New York City Mayor Eric Adams on Thursday said he will pull out of the city's Democratic primary and instead run for reelection as an independent, arguing that his recently dismissed federal bribery case …
Dasha Burns / Politico:
Waltz's team set up at least 20 Signal group chats for crises across the world  —  It's a more extensive use of the app than previously reported and sheds new light on how commonly the Trump administration's national security team relies on Signal.  —  National security adviser Mike Waltz's …
Dan Rosenzweig-Ziff / Washington Post:
Naval Academy removes 400 books after defense leaders' DEI orders  —  Defense Department leaders ordered the academy to remove books that promote diversity, equity and inclusion in response to Trump orders, a U.S. official said.  —  The U.S. Naval Academy has removed nearly 400 books …
RELATED:
Konstantin Toropin / Military.com:
Naval Academy Staff Removed Display on Female Jewish Graduates for Hegseth Visit
Sunil Kumar / Tufts University:
University Declaration for Rümeysa Öztürk  —  Please see below a declaration by Tufts University in support of a motion filed today by Rümeysa Öztürk's legal team in Öztürk v. Hyde in U.S. District Court in Massachusetts.  —  Best regards,  —  President
Discussion: Boston.com and masslive.com
Sydney Lupkin / NPR:
HHS guts the teams that fulfill public records requests for health agencies  —  Teams that fulfilled requests for government documents lost their jobs on Tuesday as part of the Trump administration's 10,000-person staff cuts at the Department of Health and Human Services.
 
 
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 More Items: 
Lawrence H. Summers / New York Times:
If Powerful Places Like Harvard Don't Stand Up to Trump, Who Can?
Discussion: Robert Reich, NPR and Reuters
Felix Salmon / Axios:
A third global recession in 20 years looms
Discussion: Wausau and Politico
ACLU:
Legal Organizations Across Ideologies File Amicus Brief Urging Court to Enjoin Executive Order Targeting Perkins Coie
Discussion: Reason
Globe and Mail:
New fentanyl data undercut White House's portrayal of Canada's role in U.S. drug crisis
Discussion: Mediaite and Global News
Zoë Richards / NBC News:
Prosecutors drop charge against man who Rep. Nancy Mace accused of assaulting her at the Capitol
Discussion: UPI and The Hill
Pocharapon Neammanee / HuffPost:
Drug Dealer Granted Clemency By Trump Arrested For Allegedly Shoving 3-Year-Old
Discussion: New Jersey Online
 Earlier Items: 
Jessica Valenti / Abortion, Every Day:
Her Fetus Has No Heartbeat—They Still Won't Give Her An Abortion
Michael Schaffer / Politico:
The Mystery Buyer of That $23 Million DC Mansion? Mark Zuckerberg.
Al Root / Barron's Online:
The Stock Market Pain Is Just Getting Started. 'This is How You Sabotage the World's Economic Engine.'
Discussion: The Hill
Associated Press:
Trump privately indicates Musk to step back from administration after government employee status expires: Sources
Jason Lange / Reuters:
Trump approval falls to 43%, lowest since returning to office, Reuters/Ipsos poll finds
Discussion: Forbes and 19FortyFive
Laura Hazard Owen / Nieman Lab:
How to leak to a journalist  —  Planning to leak?  Read these tips first.  —  There's a lot out there to leak.
 

 
From Techmeme:

Jeff Horwitz / Reuters:
An internal policy doc shows Meta permitted its chatbots to engage in provocative behavior; Meta removed some examples, including romantic roleplay with kids

Victoria Song / The Verge:
Apple rolls out a software update that enables a redesigned blood oxygen monitoring feature for its Watch Series 9, 10, and Ultra 2, circumventing the ITC ban

Financial Times:
Sources: DeepSeek R2's launch delay is due to training issues on Huawei Ascend chips, prompting a switch to Nvidia chips for training and Huawei's for inference
 
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